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The PMP certificate is accredited by the American National Standards Institute (ANSI) as per the International Organization for Standardization (ISO) 17024. The 17024 standard prescribes the mandatory requirements for PMI’s PMP exam development, impartiality, objectivity, and quality assurance.
Globally demanded and recognized, PMP validates to organizations that a project manager having it possesses advanced industry experience, knowledge, and expertise to perform day-to-day responsibilities. As the skilled project managers are more sought-after than ever before, practitioners having this certification are given priority by the employers to lead their project teams and attain successful outcomes.
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NEW QUESTION # 58
You are taking over a project from another project manger during the project planning process. You've identified that your project team has already created the WBS, developed estimates for work packages, and sequenced the project activities using the arrow diagramming method. In addition, your team has applied schedule network analysis techniques to create the project schedule. Which action should be performed NEXT?
Answer: D
NEW QUESTION # 59
A new resource has joined an iterative project team The project manager notices that the resource is unable to complete the deliverables on time How should the project manager address this situation?
Answer: A
Explanation:
According to the PMI Guide to Business Analysis, a change request is a formal proposal to modify any document, deliverable, or baseline. It is used to request changes to the project scope, schedule, cost, quality, or any other aspect of the project. A change request should include the following information: the reason for the change, the impact of the change, the alternatives considered, the recommendation, and the approval status. A change request should be initiated whenever there is a deviation from the agreed-upon project scope or plan, or when there is a need to accommodate new or modified requirements. A change request should be submitted to the appropriate authority for review and approval, such as the project sponsor, the change control board, or the steering committee. A change request should also be communicated to the relevant stakeholders, such as the project team, the customer, the PMO, or the operations function. A change request should be aligned with the project objectives, the business needs, and the stakeholder expectations. A change request should be evaluated based on the criteria established by the project governance, such as the business value, the feasibility, the risk, the urgency, and the alignment with the project charter. A change request should be implemented only after it has been approved and authorized by the appropriate authority. A change request should be monitored and controlled throughout the project life cycle to ensure that the expected benefits and outcomes are achieved.
In this situation, the project manager should initiate a change request to modify the scope and adjust the timelines, because there are scope changes and a delay in the delivery of critical tasks that affect the project performance and the stakeholder satisfaction. The project manager should document the rationale and the impact of the change request, and submit it to the appropriate authority for approval. The project manager should also communicate the change request to the relevant stakeholders, and update the project plan and the project baselines accordingly. This way, the project manager can ensure that the project is aligned with the business needs and the stakeholder expectations, and that the project delivers the expected value and benefits. References:
* The PMI Guide to Business Analysis, Chapter 6: Traceability and Monitoring, Section 6.4: Manage Changes to Requirements
* Business Analysis for Practitioners: A Practice Guide, Chapter 7: Traceability and Monitoring, Section
7.4: Manage Changes to Requirements
NEW QUESTION # 60
The project budget is set at $150,000. The project duration is planned to be one year. At the completion of Week 16 of the project, the following information is collected:
Actual cost = $50,000, Plan cost = $45,000, Earned value = $40,000. What is the cost performance index?
Answer: A
NEW QUESTION # 61
An IT company's office is closed abruptly due to a new government restriction. All employees are now working remotely. Project team A has a critical project delivery due in 2 weeks. The project manager, apprehensive about this sudden change, instantly emails the customer explaining that the project delivery will be delayed. The customer is unhappy with this and has escalated the issue to senior management.
What should the project manager have done differently?
Answer: D
NEW QUESTION # 62
A team is finishing the third release to present to the stakeholder as part of a demonstration. The company that subcontracts the developers has communicated that there is a cash flow problem and the company will not be able to provide the same resources for the next iterations.
What should the project manager do next?
Answer: B
NEW QUESTION # 63
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